US Online Ad Revenues Set Another Peak in H1, Up 14% Y-O-Y

Online ad revenues increased 14% year-over-year in the first half (H1) of this year, according to [pdf] the latest revenue report from the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC). That brought H1 revenues to a record total of $17 billion, from $14.9 billion in H1 2011. Q2′s $8.7 billion in revenue makes it the largest quarter on record save for Q4 2011 ($9 billion), and itself represents a 14% year-over-year gain. Looking back to 2003, Q2 revenues have grown at a brisk compound annual rate of 20.2%. (more…)